Compliance Officer II - Consumer Credit Card (Remote)
About the position Responsibilities • Serves as a subject matter expert on regulatory matters relating to credit card products. • Interprets new and/or existing laws, rules and regulations which are complex and multi-layered. • Communicates changes to business partners and supports implementation of necessary changes to impacted business areas. • Provides guidance on complex and emerging compliance risk scenarios. • Provides regulatory support and serves as an advisor to the business units, working with examiners, regulators, auditors, legal and corporate compliance during compliance examinations. • Analyzes existing policies, procedures, and controls to identify compliance gaps. • Provide effective challenge to assigned business units on the RCSA program including compliance risks and controls. • Provides regulatory effective challenge in areas of, but not limited to, issue management, business and/or product changes, compliance testing, and regulatory changes. • Assists with the creation of reports for management and executive committees on results of compliance reviews, legal changes, or regulation changes. • Conveys the necessary actions to fulfill regulatory requirements and communicates changes amongst work groups. • Assists in the creation and execution of governance documentation and program work papers. • Maintains expertise and stays updated about current or changing laws, regulations, requirements, policies, and procedures that affect assigned areas of the Bank. • Serves as a resource to management and business unit leaders on compliance-related matters. • Executes compliance risk management activities in accordance with the risk management standards. • Strong individual contributor with the ability to work independently or in a team environment, take initiative and demonstrate proficient verbal and written communication skills with all levels of management. • Demonstrated ability to apply advanced knowledge of regulatory compliance to provide advice and effective challenge to assigned Business Units. • Proficient in the concepts of compliance risk identification, assessment, and management. Requirements • Bachelor's Degree and 6 years of experience in Compliance, Legal, Audit, Banking OR High School Diploma or GED and 10 years of experience in Compliance, Legal, Audit, Banking. Nice-to-haves • Advanced knowledge and experience with compliance risk, regulations, laws specific to credit card products. • Advanced knowledge and experience with credit card operations and/or operational risk specific to credit card products. • Certified Regulatory Compliance Manager (CRCM) designation. • Detail oriented with analytical, research, and organizational skills, and the ability to work in a highly regulated environment. • Advanced knowledge of bolthires Office tools to include Word, Excel and PowerPoint. • Advanced degree such as an MBA or JD. Benefits • Comprehensive benefits program for full-time associates (20+ hours), including customized offerings designed to support families. • Variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment. Apply tot his job Apply tot his job